All posts in " U.S. Treasury "
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The US Treasury Does Have the Constitutional Right to Mint Coins

By admin / July 16, 2019

QUESTION: Marty, You are wrong. The US Treasury can create the money as the Constitution says it can. Article I, Section 8, Clause 5. The Congress shall have the Power to coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures. To coin is used as a […]

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Is the Fed the Only Means of Creating Money?

By admin / June 20, 2019

QUESTION: I am confused. Is it true that only the Federal Reserve can create money and not the Treasury? HB ANSWER: It all depends upon your definition of money. If you are asking about paper currency, then the answer is yes. If you are speaking of “elastic money,” which really is just book-entries, then that is […]